The Merchant Risk Council (MRC) recently introduced a wide range of extensive member offerings in Latin America, kicking off with a launch in Brazil, a press release reported.
"I am so excited to officially announce our expansion into Latin America," said Julie Fergerson, CEO of the Merchant Risk Council. "This is a huge step for us. There is an incredible wealth of innovation in this dynamic market, and we're looking forward to providing our extensive resources to our current members in the area and welcoming new members as well. We're also looking forward to deepening relationships with the many remarkable merchants in the region and to advocating on their behalf as we've done in other regions over the last two decades.”
The new venture will be led by payments and fraud prevention experts, Thais Fischberg, VP of products for Adyen and Jean Christian Mies, general manager of Latin America for PPRO.
"Brazil is a natural first step into Latin America," Fergerson said. "It's a dynamic, high volume payments market, with a strong e-commerce presence and a huge amount of opportunity. Our two talented regional co-leaders are super excited to bring the benefits of MRC membership to Latin America. Soon, local merchants will have the opportunity to better share resources to overcome common obstacles, benefit from the MRC's extensive educational offerings and easily make new connections at our industry leading conferences and events."
Additional details regarding the company’s latest venture will be revealed at the MRC Connects Miami event on Thursday, which will feature guest speakers who will discuss fraud trends, the future of payments and local regulatory infrastructure.
The expansion follows the MRC’s successful launch in the Asia Pacific region last year. The addition is intended to solidify its presence in the global fraud prevention market.